Government failure is likely to occur for all of the following reasons except:
A) special interest groups might lobby government to the detriment of the public good.
B) individuals have better information about a situation that affects them than does government.
C) intervention in markets is always simpler than it initially seems.
D) the bureaucratic nature of government intervention does not allow fine-tuning.

Question

Quizplus · Accepted Answer

Intervention in markets is often more complex than it initially seems, not simpler, which is why this option does not typically lead to government failure.

Government Failure Is Likely to Occur for All of the Following